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$599,999

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
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Welcome to 427 Summer Street, a spacious multi-family property located in the vibrant city of Paterson, New Jersey. This property presents a fantastic opportunity for investors or owner-occupants looking to generate rental income while owning real estate in a convenient and growing area.The home features multiple well-sized units with generous living space, bright interiors, and comfortable bedrooms. Each unit offers functional layouts designed for everyday living, providing both comfort and practicality for residents.The property also includes a basement offering additional storage space and utility area. With public utilities and a location close to local shops, restaurants, schools, and parks, this home combines income potential with everyday convenience.Situated near major roadways and public transportation, commuting throughout Northern New Jersey and surrounding areas is simple and efficient.Whether you're looking to expand your investment portfolio or occupy one unit while renting the others, 427 Summer Street offers a great opportunity in the Paterson real estate market.

Full Property Details for 427 Summer St

General

  • Price: $599,999
  • Taxes: $8,050 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4009959
  • Updated: 3/12/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 9

Location

  • County: Passaic
  • Driving Directions: Between Market St and Essex St.

Heating & Cooling

  • Cooling Type: See Remarks, Wall A/C Unit(s)
  • Heating Type: Baseboard - Hotwater, See Remarks
  • Heating Fuel: Natural Gas, Solar-Leased

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas, See Remarks

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: See Remarks, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Asphalt Shingles
  • Year Built: 1930

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 3
  • Bedrooms: 5

Unit 2

  • Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: Off-Street Parking, See Remarks

Financial Considerations

  • Assessment Amount: $137,200
  • Land Assmt: $20,800
  • Tax Amount: $8,050
  • Tax Year: 2024

Disclosures and Reports

  • Block: 6307
  • Lot Number: 12

Listed by Realty Of America

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Listing agent

— 427 Summer St —

  • Realty Of America

973-951-8239

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 427 Summer St

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 427 Summer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Listed
$599,999
867.74%
MLS
2/15/2001
Sold
$62,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 427 Summer St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,050
10%
$158,000
—
2022
$7,334
4%
$158,000
—
2021
$7,072
7%
$158,000
4%
2018
$6,588
5%
$152,300
1%
2017
$6,286
-9%
$151,100
-5%
2016
$6,929
8%
$159,700
3%
2019
$6,387
-3%
$154,500
-3%
2015
$6,560
3%
$159,700
-31%
2013
$6,363
—
$231,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 427 Summer St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Realty Of America

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427 Summer St, Paterson, NJ 07501 (MLS# 4009959) is a Multi-Family property with 2 units containing 9 bedrooms and 5 full bathrooms. 427 Summer St is currently listed for $599,999 and was received on February 16, 2026. Want to learn more about 427 Summer St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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